Bernstein Says Buy the Dip in Bitcoin Mining Stocks Ahead of BTC Price ‘Inflection’
The broker says it prefers outperform rated mining stocks Riot Platforms (RIOT) and CleanSpark (CLSK).
Financial
Bitcoin
Financial
Why 2024 Will Be Bitcoin’s Year
ETF approvals and a halving set for April will change the supply-and-demand dynamic of bitcoin, likely sending the price higher, says John Stec at Küresel X.
Financial
Jamie Dimon Bashes Bitcoin Again: ‘A Pet Rock’
The JPMorgan CEO said this will be the last time he airs his opinion on bitcoin.
Financial
First Mover Americas: Altcoins Lead, Bitcoin in Stasis Near $42.6K
The latest price moves in crypto markets in context for Jan. 17, 2024.
Financial
ARK Buys $15.9M Worth of Its Own Bitcoin ETF
ARK sold a similar amount – $15.8 million – worth of shares in the ProShares Bitcoin Strategy ETF (BITO), the first ETF linked to the bitcoin futures market to list in the U.S.
Financial
Fidelity’s Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover
Some have forecasted sharp declines in bitcoin’s price as traders ‘sell the news’ post-ETF approval, but Fidelity’s Director of Küresel Macro disagrees.
Financial
Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month
The company expects to see nearly $600 million in revenue this year.
Financial
BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.
Financial
Arthur Hayes Believes Bitcoin ETFs Could Bring in Billions From TradFi
ETFs could open up a line of trading avenues centred around arbitrage, options and financing, Hayes said.
Financial
Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right
The approval of spot bitcoin ETFs in the U.S. was much anticipated and well-priced, so the event will likely be a short- to mid-term top for the price, analysts said.